Tag Archives: China

Tender for re-opening of 5-year HKD HKSAR Institutional Government Bonds to be held on June 25

The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced today (June 19) that a tender of 5-year HKD Government Bonds (Bonds) through the re-opening of existing 5-year Government Bond issue 05GB3005002 under the Infrastructure Bond Programme will be held on Wednesday, June 25, 2025, for settlement on Thursday, June 26, 2025.

     An additional amount of HK$1.25 billion of the outstanding 5-year Bonds (issue no. 05GB3005002) will be on offer. The Bonds will mature on May 15, 2030, and will carry interest at the rate of 2.70 per cent per annum payable semi-annually in arrear. The Indicative Pricings of the Bonds on June 19, 2025, are 101.75 with an annualised yield of 2.334 per cent.

     Tender is open only to Primary Dealers appointed under the Infrastructure Bond Programme. Anyone wishing to apply for the Bonds on offer can do so through any of the Primary Dealers on the latest published list, which can be obtained from the Hong Kong Government Bonds website at www.hkgb.gov.hk. Each tender must be for an amount of HK$50,000 or integral multiples thereof.

     Tender results will be published on the HKMA’s website, the Hong Kong Government Bonds website, Bloomberg (GBHK <GO>) and Refinitiv (IBPGSBPINDEX). The publication time is expected to be no later than 3pm on the tender day.

HKSAR Institutional Government Bonds Tender Information

     Tender information of re-opening of 5-year HKD HKSAR Institutional Government Bonds:
 

Issue Number : 05GB3005002
Stock Code : 4293 (HKGB 2.70 3005)
Tender Date and Time : Wednesday, June 25, 2025
9.30am to 10.30am
Issue and Settlement Date : Thursday, June 26, 2025
Amount on Offer : HK$1.25 billion
Maturity : 5 years
Remaining maturity : Approximately 4.89 years
Maturity Date : Wednesday, May 15, 2030
Interest Rate : 2.70 per cent p.a. payable semi-annually in arrear
Interest Payment Dates : May 15 and November 15 in each year, commencing on the Issue Date up to and including the Maturity Date, subject to adjustment in accordance with the terms of the Institutional Issuances Information Memorandum of the Infrastructure Bond Programme and Government Sustainable Bond Programme (Information Memorandum) published on the Hong Kong Government Bonds website.
Method of Tender : Competitive tender
Tender Amount : Each competitive tender must be for an amount of HK$50,000 or integral multiples thereof. Any tender applications for the Bonds must be submitted through a Primary Dealer on the latest published list.

The accrued interest to be paid by successful bidders on the issue date (June 26, 2025) for the tender amount is 155.34 per minimum denomination of HK$50,000.

(The accrued interest to be paid for tender amount exceeding HK$50,000 may not be exactly equal to the figures calculated from the accrued interest per minimum denomination of HK$50,000 due to rounding).
Other Details : Please see the Information Memorandum available on the Hong Kong Government Bonds website or approach Primary Dealers.
Expected commencement date of dealing on
the Stock Exchange
of Hong Kong Limited
: The tender amount is fully fungible with the existing 05GB3005002 (Stock code: 4293) listed on the Stock Exchange of Hong Kong.
Use of Proceeds : The Bonds will be issued under the institutional part of the Infrastructure Bond Programme. Proceeds will be invested in infrastructure projects in accordance with the Infrastructure Bond Framework published on the Hong Kong Government Bonds website.
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Tender for re-opening of 3-year HKD HKSAR Institutional Government Bonds to be held on June 25

The following is issued on behalf of the Hong Kong Monetary Authority:
 
     The Hong Kong Monetary Authority (HKMA), as representative of the Hong Kong Special Administrative Region Government (HKSAR Government), announced today (June 19) that a tender of 3-year HKD Government Bonds (Bonds) through the re-opening of existing 3-year Government Bond issue 03GB2804001 under the Infrastructure Bond Programme will be held on Wednesday, June 25, 2025, for settlement on Thursday, June 26, 2025.

     An additional amount of HK$1.25 billion of the outstanding 3-year Bonds (issue no. 03GB2804001) will be on offer. The Bonds will mature on April 25, 2028 and will carry interest at the rate of 2.76 per cent per annum payable semi-annually in arrear. The Indicative Pricings of the Bonds on June 19, 2025 are 102.45 with an annualised yield of 1.882 per cent.

     Tender is open only to Primary Dealers appointed under the Infrastructure Bond Programme. Anyone wishing to apply for the Bonds on offer can do so through any of the Primary Dealers on the latest published list, which can be obtained from the Hong Kong Government Bonds website at www.hkgb.gov.hk. Each tender must be for an amount of HK$50,000 or integral multiples thereof.

     Tender results will be published on the HKMA’s website, the Hong Kong Government Bonds website, Bloomberg (GBHK <GO>) and Refinitiv (IBPGSBPINDEX). The publication time is expected to be no later than 3pm on the tender day.

HKSAR Institutional Government Bonds Tender Information

     Tender information of re-opening of 3-year HKD HKSAR Institutional Government Bonds:
 

Issue Number : 03GB2804001
Stock Code : 4291 (HKGB 2.76 2804)
Tender Date and Time : Wednesday, June 25, 2025
9.30am to 10.30am
Issue and Settlement Date : Thursday, June 26, 2025
Amount on Offer : HK$1.25 billion
Maturity : 3 years
Remaining maturity : Approximately 2.83 years
Maturity Date : Tuesday, April 25, 2028
Interest Rate : 2.76 per cent p.a. payable semi-annually in arrear
Interest Payment Dates : April 25 and October 25 in each year, commencing on the Issue Date up to and including the Maturity Date, subject to adjustment in accordance with the terms of the Institutional Issuances Information Memorandum of the Infrastructure Bond Programme and Government Sustainable Bond Programme (Information Memorandum) published on the Hong Kong Government Bonds website.
Method of Tender : Competitive tender
Tender Amount : Each competitive tender must be for an amount of HK$50,000 or integral multiples thereof. Any tender applications for the Bonds must be submitted through a Primary Dealer on the latest published list.

The accrued interest to be paid by successful bidders on the issue date (June 26, 2025) for the tender amount is 234.41 per minimum denomination of HK$50,000.

(The accrued interest to be paid for tender amount exceeding HK$50,000 may not be exactly equal to the figures calculated from the accrued interest per minimum denomination of HK$50,000 due to rounding).
Other Details : Please see the Information Memorandum available on the Hong Kong Government Bonds website or approach Primary Dealers.
Expected commencement date of dealing on
the Stock Exchange
of Hong Kong Limited
: The tender amount is fully fungible with the existing 03GB2804001 (Stock code: 4291) listed on the Stock Exchange of Hong Kong.
Use of Proceeds : The Bonds will be issued under the institutional part of the Infrastructure Bond Programme. Proceeds will be invested in infrastructure projects in accordance with the Infrastructure Bond Framework published on the Hong Kong Government Bonds website.
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Government raises Outbound Travel Alert for Israel and Iran to black

     In view of the latest developments in Israel and Iran, the Hong Kong Special Administrative Region (HKSAR) Government today (June 19) raised the Outbound Travel Alert (OTA) for Israel and Iran to black.

     A Government spokesman said, “The black OTA signifies severe threat. Due to the highly unpredictable security situation in Israel and Iran, the HKSAR Government advises Hong Kong residents to avoid all travel to Israel and Iran. Those already there should attend to personal safety and leave or relocate to relatively safe regions immediately.”

     The Security Bureau will continue to closely monitor the situation there. Any updates will be issued through the media, the Bureau’s mobile app and the OTA webpage (www.sb.gov.hk/eng/ota).

     Hong Kong residents in Israel or Iran should attend to personal safety and pay attention to announcements made by local authorities and the Chinese Embassy there. Hong Kong residents there who need assistance may call the 24-hour hotline of the Assistance to Hong Kong Residents Unit of the Immigration Department (ImmD) at (852) 1868, call the 1868 hotline using network data or use the 1868 Chatbot via the ImmD Mobile Application, send a message to the 1868 WhatsApp assistance hotline, send a message to the 1868 WeChat assistance hotline or submit the Online Assistance Request Form, or contact the local Chinese Embassy (consular protection hotline of Chinese Embassy in Israel: (972) 3-5459520; consular protection hotline of Chinese Embassy in Iran: (98) 912-2176035).

     Hong Kong residents are encouraged to use the online Registration of Outbound Travel Information service (www.gov.hk/roti) of the ImmD to register their contact details and itinerary when outside Hong Kong. The information provided allows the ImmD to disseminate practical information to them through appropriate means, including SMS on mobile phones, in a timely manner when necessary. read more

Scam alert related to banks

The following is issued on behalf of the Hong Kong Monetary Authority:

     The Hong Kong Monetary Authority (HKMA) wishes to alert members of the public to the press releases issued by the banks listed below relating to fraudulent websites, internet banking login screens, phishing emails or other scams, which have been reported to the HKMA. Hyperlinks to the press releases are available on the HKMA website.
 

Bank Type of Scam
Chong Hing Bank Limited Fraudulent websites and internet banking login screens
The Hongkong and Shanghai Banking Corporation Limited Fraudulent website and internet banking login screen
Bank of Singapore Limited Fraudulent websites
 
     The HKMA wishes to remind the public that banks will not send SMS or emails with embedded hyperlinks which direct them to the banks’ websites to carry out transactions. They will not ask customers for sensitive information, such as login passwords or one-time password, by phone, email or SMS (including via embedded hyperlinks).
      
     Anyone who has provided his or her personal information, or who has conducted any financial transactions, through or in response to the scams concerned, should contact the relevant bank with the information provided in the corresponding press release, and report the matter to the Crime Wing Information Centre of the Hong Kong Police Force at 2860 5012. read more